Dollar Cost Averaging Overview Video

 

Video: 

Dollar cost averaging refers to adding to a stock position over regular intervals, no matter how the stock is doing; however, this trader does not believe in this strategy unless he understands the direction of the market.  If he finds an established uptrend, he adds on pullbacks and does not dollar cost average if he sees a change in trend. 

He mentions that he likes to take income from a cd ladder and use that to re-invest into stocks.